Senior Treasury at Servant

Riyadh, Riyadh Region, Saudi Arabia -

Full Time

Start Date

Immediate

Expiry Date

01 Aug, 26

Salary

0.0

Posted On

03 May, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Treasury operations, Cash management, Cash flow forecasting, Bank reconciliation, Financing facilities, Murabaha, Bank guarantees, Letters of credit, Microsoft Excel, ERP systems, Odoo, SAP, Oracle, Microsoft Dynamics, Financial reporting, Regulatory compliance

Industry

Holding Companies

Description

Alomar Holding Company is a leading Saudi-headquartered investment group specializing in real estate development, contracting, and asset management. As part of our continued growth, we are seeking a Senior Treasury Officer to join our Riyadh-based team. This role is pivotal in ensuring robust treasury operations, effective cash management, and seamless coordination with banks and internal stakeholders. The Senior Treasury Officer will play a key role in optimizing cash flow, supporting financing activities, and maintaining compliance with regulatory and internal policies. Key responsibilities include: Managing daily treasury operations and monitoring cash positions across multiple bank accounts Preparing daily, weekly, and monthly cash flow reports and short- to medium-term cash flow forecasts Overseeing bank balances, collections, payments, and funding requirements Coordinating with banks on transfers, financing facilities, guarantees, letters of credit, account documentation, and online banking access Preparing payment schedules and supporting prioritization of supplier, subcontractor, and project payments Reviewing payment requests for approvals and supporting documents; processing and coordinating bank transfers in line with internal policies Tracking loans, Murabaha facilities, repayment schedules, bank charges, and financing costs Maintaining treasury records and documentation, including facility agreements, guarantees, and bank files Supporting bank reconciliations with accounting and providing treasury reporting and cash/funding updates to management Ensuring compliance with internal approval matrix and supporting external audit requirements related to treasury Required Qualifications: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field 5+ years of relevant experience in treasury, finance, banking, or cash management Hands-on experience managing treasury operations, cash management, bank coordination, and payment processing Proven ability to prepare cash flow reports and short- to medium-term cash flow forecasts Experience with financing facilities including loans, Murabaha, bank guarantees, and letters of credit Strong proficiency in Microsoft Excel and experience with ERP/accounting systems (Odoo, SAP, Oracle, or Microsoft Dynamics) Professional/business English proficiency Eligibility to work in Saudi Arabia (Saudi national or able to transfer iqama) Preferred Qualifications: Treasury or finance experience in real estate, construction, or project-based companies Relevant professional certification such as SOCPA, CME, CTP, or CFA Experience coordinating with banks, finance, accounting, procurement, project teams, suppliers, and management Notice period of 30 days or less Experience using Odoo ERP system Statutory health insurance coverage Pension scheme in accordance with Saudi regulations Paid annual leave and public holidays Professional development and training opportunities On-site work environment in Riyadh Supportive team culture and collaborative workplace

Responsibilities

The Senior Treasury Officer is responsible for managing daily treasury operations, monitoring cash positions, and preparing accurate cash flow forecasts. They also coordinate with banks regarding financing facilities and ensure compliance with internal policies and regulatory requirements.